Treasury Market Sees Influx as Tech Stocks Decline and Oil Prices Drop

• A record $8 trillion in cash is now in U.S. money-market funds, according to the Investment Company Institute.
• Treasury yields have risen after a post-election decline, as reported by The Wall Street Journal.
• Treasuries have gained as oil prices have fallen following the US midterm elections, according to Bloomberg.
• The decline in oil prices is attributed to the prospect of an end to the war in the Middle East.
• Traders are flocking to the Treasury market for safety amid the tech-led stock selloff.